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Banco BPM, UniCredit
Italy’s Banco BPM Rebukes UniCredit’s $10 Billion-Plus Bid
The Italian lender rejected the offer from its larger rival, saying it undervalues the bank and creates uncertainty.
BPM spurns UniCredit’s takeover bid
The bank blasted what it sees as a weak premium. Its CEO warned a deal would cost BPM 6,000 jobs. And Italian officials expressed concern that a UniCredit tie-up would stall efforts to grow BPM.
Italy's UniCredit launches surprise $11 billion all-share bid for Banco BPM
Italy's UniCredit on Monday launched a surprise 10 billion euro ($11 billion) bid for domestic peer Banco BPM, which CEO Andrea Orcel said would take precedence over any potential move on Germany's Commerzbank.
2d
UniCredit irks Rome with $11 billion Banco BPM swoop after German backlash
Italy's UniCredit on Monday launched a surprise 10 billion euro ($11 billion) bid for domestic peer Banco BPM , which CEO ...
FIRSTonline
6h
Tourism, Italy in second place in the EU for foreign presence: growth opportunities in the Unicredit Forum
Despite the decline in domestic demand, tourism in Italy continues to grow thanks to international arrivals. The Unicredit ...
Barron's
1d
Italy's Banco BPM Says UniCredit Bid Insufficient
The board of directors of
Italy
's Banco BPM said Tuesday that an acquisition bid from larger rival
UniCredit
was inadequate and failed to reflect the bank's profitability or potential.
UniCredit
...
5h
Amundi says 1.3% UniCredit stake held on behalf of clients
French asset manager Amundi holds a 1.3% stake in UniCredit on behalf of its clients, Europe's biggest fund management ...
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